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Showing posts from January, 2022

America COMPETES Act of 2022: Is it a threat to cryptocurrency?

  Jerry Brito is an executive director of Coin Center emphasized the public policy matter regarding cryptocurrency. Recently made his opinion on the America COMPETES Act of 2022 in a series of tweets. Recently, on Tuesday, the bill got introduced in the House of Representatives.  According to Jerry, the America COMPETES Act of 2022, will take place in some form. He further says that this will include special measures provision proposed by Jim Himes, a Congressman from Connecticut, and this will going to lead in the wrong way not merely for cryptocurrency but also privacy.  The mention of the term ‘special measures,’ would lead to Janet Yellen, the Treasury Secretary going unchecked and exchanges and other cryptos transaction-based financial institutions getting banned by unilateral power. Adding on more about the issue of the America COMPETES Act of 2022, Jerry Brito opined that this would result in 3 things happening.  Firstly, this would lead to some transmittal of...

Tesla CEO wants Dogecoin to be accepted by McDonald, but with condition

  With websites like Cryptoknowmics, one can explore many topics like how to buy crypto on Binance and the latest crypto news updates. Now according to the latest crypto news report, it has come to the notice that Tesla founder and CEO, Elon Musk has been enticing McDonald to accept the crypto meme currency Dogecoin DOGE.  If that comes true then he will be enjoying the meal on television. But this does not seem to be a one-sided offer. The famous American fast food company, McDonalds, will agree to it, only if Tesla accepts Grimacecoin. The matter of exchange of cryptocurrencies took place after a tweet by McDonald asking about the well-being of the CEO of Tesla. Eating the McDonald’s happy meal on television Elon Musk is the CEO of not only Tesla but also of Spacex. Recently he placed an offer that he would be enjoying the McDonald’s happy meal on television if he accepts the DOGE. The tweet got tweeted, again and again, making the figure go up to 34.3K. It got many likings...

2 major reasons behind the crashing price of Bitcoin

  Bitcoin is going to a downward phase with its prices declining with equity futures and stocks due to strict gripping of Federal Reserve policy anticipation. The dominance of this foremost crypto coin seems to be sweeping and is giving golden chance to its competitor altcoins to rise above it. And the one main contender is none other than Ethereum, the well-known second most popular cryptocurrency. The foremost cryptocurrency has slipped to $33K in less than 3 months from $69K. Well, there must be some reasons that have led to the downward price graph of Bitcoin. Here are those: Federal Reserve The federal reserve has indicated the beginning of interest rates very soon. It would then lessen the bond holdings after the starting of liftoff going towards to finish ultra-simple pandemic support in combating the major inflation in a generation. Another is the Fed is giving more weightage on issuing government fiat coin CBDC, or central bank digital currency. Uncertainty in markets Acco...

Robert Kiyosaki: Will buy Bitcoin if its price touches $20K

  Robert Kiyosaki is a well-known name for being the author of best selling book Rich Dad Poor Dad . Recently, according to a crypto news website, he has commented on Bitcoin, saying that he would purchase the foremost cryptocurrency only if its price touches the mark of $20,000. Robert termed the crashing price of the latter cryptocurrency as ‘great news’ and is now hoping for the right time to get richer.  Rich Dad Poor Dad author wants more BTC The famous author of Rich Dad Poor Dad made a tweet recently about the BTC price and his wish to have more of it. His book was co-authored with Sharon Lechter, and it came on the Best Sellers list in New York for 6 years. The book made a remarkable sale with 32 million copies and was multi-lingual in around 51 languages in more than a hundred and nine nations.  Robert stated about his buying of BTCs at prices $6,000 and $9,000. But he expressed his desire to buy more of BTCs if it manages to touch $20,000. And he is hopeful that...

Rio De Janeiro to initiate crypto investment with 1%

  Among many big cities in Brazil, Rio De Janeiro is a very popular one. With a very name, one can recall for Olympic sports. But other than this city grabs the attention of tourists with its mesmerizing Balneario beaches including Ipanema, Tijuca, Leblon, and Copacabana. Other than that Rio De Janeiro is mindblowing when it comes to natural beauty, carnival, bossa nova, and samba.  And now according to a recent crypto news update, it has come out that Rio De Janeiro will be going to make a crypto investment with 1%. Eduardo Paes, the mayor of the city has made the announcement about it during Rio Innovation Week with Miami mayor Francis Suarez. The main motive behind this investment initiative is to make this Brazilian city a crypto-friendly spot. Going by the reports, to fulfill this goal, there will be other tax incentives to be placed.  Francis Suarez, the mayor of Miami, had also launched a native cryptocurrency named Miamicoin that itself is evidence and an example ...

Mike Tyson, the boxing legend asks fans about Solana price-performance

  Forget Bitcoin, as now other potential altcoins are gaining the attention of investors. One such example is Solana. According to a crypto news update, the boxing legend Mike Tyson is asking the opinion of their fans on Twitter about how high would price of SOL cryptocurrency is expected to go.  Legendary boxer Mike Tyson asks fan opinion on SOL expected high price Many big celebrities have been one of the reasons for igniting the growth of digital currencies. There are many to name. One such example is the boxing legend, Mike Tyson. He is also famously called Iron Mike. Know that this greatest heavyweight boxer has been in touch with the crypto space. Last week, he announced his firm stand on Solana cryptocurrency.  He is even asking his fans, figuring 5.7 million on Twitter, regarding how high would be the price of Solana cryptocurrency would go. At the time of his posting this query, he got 2400 comments on his tweet. But none of them seem serious in giving the expect...

Moneygram completes investment in crypto ATM operator Coinme

  With the help of crypto websites, it has become easier to stay abreast with new updates and brush up on one’s knowledge on topics like what is soft fork and hard fork in blockchain , crypto whales, airdrops, ICO, IPO, STO, and so many. What is more important is you get the latest news updates of whatever developments taking place in the crypto world. One such news update is the Moneygram investment in crypto ATM operator Coinme.  It has become a newly added example in the list of companies with a positive move on cryptocurrency acceptance. According to the CEO, the American money transfer company continues to be bullish in exploring many opportunities existing in the rapidly growing world of cryptocurrency.  Investment in Coinme The declaration by Moneygram International Inc. came on 5th January Wednesday. According to this financial firm, the process of the planned lower investment on Coinme, a United States-based leading cryptocurrency cash exchange, has been complete...

IC15, the first cryptocurrency index in India; will list major cryptos including BTC & ETH

  Cryptocurrency has been gaining much popularity with the newer developments taking place in the crypto world. Now according to a recent news update, a crypto super app announced the launch of India’s first cryptocurrency index named IC15. It was launched with the motive of authorizing the knowledge on blockchain eco-space. The new cryptocurrency index from India will list major digital currencies starting from the foremost cryptocurrency Bitcoin to Binance Coin, Litecoin, Polkadot, Shiba Inu, Ethereum, Ripple, Uniswap, Dogecoin, Solana, Chainlink, Cardano, Avalanche, and Bitcoin Cash, and Terra.  According to a statement of Cryptowire, IC15 will do the performance analysis and tracking of the top 15 widely traded liquid currencies listed in the major cryptocurrency exchanges of the world. Jigish Sonagara, the managing director of the crypto super app made his point regarding the launch of IC15. He said this initiative of ‘Learn before Earn’ will set an example as a new robus...

Popular Luxury Auction House From Britain Declares first NFT Art Sale

  Nowadays people are showing much interest in exploring numerous crypto-related topics, like what is soft fork and hard fork in blockchain , what is HODL, and various others. Day by day we come across some new developments taking place in the crypto world from crypto websites, like Bitcoin.com, Cryptoknowmics, and many more. Christie, a popular luxury auction house in Britain, has made a recent declaration about the launch of the first NFT art sale in Asia in September. As per the declaration, the NFTs will present Meebits, Bored Apes, and Cryptopunks.  Christie: A Popular Luxury Auction House From Britain Christie, a popular luxury auction house from Britain was established by its founder James Christie in 1766. Its prime location is in London and New York City. The ownership of Christie Auction lies under Groupe Artemis. Six years ago, the sales reached a total of around US$7.4 billion. After two years, a painting of Jesus Christ, named Salvator Mundi by the artist Leonardo...

Bitcoin as legal tender by 3 countries in 2022: predicts CEO of Devere Group

  Bitcoin has been the most popular digital currency known by everyone around the globe. Thanks to Satoshi Nakamoto who introduced a new concept of decentralized money with no mandatory interference of central authority. Bitcoin made its debut in 2009 on 3rd January. Since then it has been through its journey of high and low in price.  And there is nothing new to feel about it, as it is a volatile asset. But despite so much popularity, the dominant cryptocurrency still struggles for getting legal tender status. However, El Salvador is one such country that has set an example of cryptocurrency acceptance as legal tender via Bitcoin.  Nigel J. Green is more bullish than Salvadoran president Bukele And now according to the current news update, it has come out that the chief executive officer of the Devere Group, a financial advisory and asset management company has made predictions on Bitcoin getting the legal tender status by 3 other countries other than El Salvador in 2022...

Martial arts legend Bruce Lee to be commemorated via NFT collection

  NFT collections have gained massive popularity ever since they have been launched by celebrities. Many of the compilations feature legends that are no more in this world. Some of the popular ones include boxer Mohammad Ali, American guitarist Jerry Garcia, Elvis Presley, and rapper Tupac Shakur. Now joining this list of late legends is Bruce Lee. Yes, it is true, the martial arts icon and philosopher will be commemorated through the NFT collection with the title ‘The Formless Form’ by his family. It will be the first NFT initiative for this legendary personality.  Remembering Bruce Lee Who doesn’t know Bruce Lee, he is the legendary Hong Kong-American martial artist, instructor, philosopher, and also a cine star. Even though he is not with us, still, one cannot deny him being a pop culture icon. Bruce gained much popularity with his martial arts fighting skills that were reflected in several martial arts-based films during the early 1970s. Now to commemorate this legend, Bru...